In recent years, the United Nations General Assembly Special Session against Corruption2 and the Conference of States Parties to the UNCAC3 have urged all states to utilize the full spectrum of methods available for retrieving proceeds of corruption, including the DRA measures outlined in Article 53. [...] Page 6 of 31 (f) These findings align closely with those presented in the thematic report prepared by UNODC and presented to the Conference of the States Parties to the UNCAC in December 2021, regarding the Implementation of Chapter V on Asset Recovery.39 o Slow Overall Progress: While the present initiative surveyed a different and more limited group of countries, the consistency of these finding. [...] Thematic Report on the Implementation of Chapter V (Asset Recovery) of the United Nations Conventions against Corruption prepared by the Secretariat and presented to the 9th session of the Conference of the States Parties to the UNCAC (December 2021). [...] o Future Engagements: We recommend that this matter be carried forward into the next G20 ACWG Presidency and the 11th session of the Conference of the States Parties to the UNCAC. [...] The Philippines applied to be added as a party to the proceedings and the Singapore High Court held that PNB held legal title to the funds.
- Pages
- 34
- Published in
- United States of America
